The Antwerp corporate court granted the request for protection against creditors and a judicial reorganisation of Makro Cash & Carry Belgium NV/SA and for court-appointed administrators to supervise this process on Tuesday 14th September. Makro Cash & Carry Belgium NV/SA includes both the Makro and Metro cash & carry activities in Belgium. It’s actually quite striking that the apparently strongly interwoven Metro Delivery Service NV/SA entity doesn’t form part of this procedure.
We had previously already made it clear that the Sligro Food Group had identified opportunities where the Metro activities were concerned. We therefore decided to formally register as an interested party with the court-appointed administrators.
The court-appointed administrators started a process to enable the sale of all or parts of these activities to interested parties. This process will be completed during the forthcoming months, during which time we will investigate whether and, if so, how and under what conditions we can combine Metro’s activities with the Sligro Food Group’s activities and subsequently offer a future to many of the Metro employees.
We’re currently not in a position to make concrete statements about the possible outcomes of this process.
Veghel, 10th October 2022
On behalf of the Sligro Food Group N.V.
Koen Slippens, CEO
Rob van der Sluijs, CFO
Tel. +31 413 34 35 00